Simplify the Expression $\frac { c ^ { 12 } c ^ { 5 } } { c ^ { - 7 } }$

question 29

Multiple Choice

Simplify the expression. $\frac { c ^ { 12 } c ^ { 5 } } { c ^ { - 7 } }$

• A) \(c ^ { 10 }\)
• B) \(\frac { 1 } { 24 }\)
• C) \(\frac { 1 } { c ^ { 24 } }\)
• D) \(\frac { 1 } { c ^ { 10 } }\)
• E) \(c ^ { 24 }\)

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Definitions:

Colluding Firms

Companies that engage in an agreement, often secretly, to limit competition and increase prices for mutual benefit.

Cost Function

A mathematical expression that describes how the costs incurred by a firm or individual vary with the level of activity or output.

Market Demand

The total quantity of a good or service that all consumers in a market are willing to purchase at different prices.

Cartel

An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.